$VNET,,,great movement today,,,looks like a great
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Posted On: 05/22/2017 5:42:04 PM
$VNET,,,great movement today,,,looks like a great play for sometime based on this partnering agreement with Tencent and Microsoft:
Shares of 21Vianet Group Inc (NASDAQ:VNET) increased 10.64% and closed at $5.51 after opening 5.17 with the overall traded volume of 1,317,742 shares. The company’s Market capitalization reached to $690.78 million, $505.21 million outstanding shares. Its low price was $5.07 and highest price was $5.59. The EPS is -0.89.
21Vianet Group Inc (VNET) declared that it has partnered with Microsoft and Tencent to launch Microsoft Office Online.
In partnering with Tencent and Microsoft to offer Tencent Cloud users improved convenience of a mobile office anytime, anywhere in addition to Microsoft office partnershipamong multiple enterprise users, 21Vianet will provide improved services, counting operational and maintenance solutions enabling cross-platform technical support. This will facilitate streamlined use of Microsoft Office Online for Tencent Weiyun users by eliminating technical difficulties such as account sharing, authentication and storage barriers, thus significantly enhancing working efficiency.
The cloud-based document process will require no pre-installation and will facilitate both individual and enterprise Tencent Cloud users to collaborate on and directly edit Word, Excel and PowerPoint documents from multiple devices via Tencent Weiyun. All changes will be automatically saved onto the cloud storage platform. It also simplifies cloud-based document processing procedures by eliminating the cumbersome steps, such as downloading, saving and uploading.
Mr. Steve Zhang, CEO of 21Vianet, stated, “We are excited to deepen the partnership with Microsoft and Tencent into their cloud-based services. Combining Tencent Cloud’s large user base, the industry-standard features of Microsoft Office Online and our strong expertise in operational and maintenance technology and solutions, we believe our partnership will build a solid foundation for accelerated growth going forward.”
Shares of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) increased 1.54% and closed at $6.59 after opening 6.59 with the overall traded volume of 3.14 million shares. The company’s Market capitalization reached to $22.25 billion, $3.01 billion outstanding shares. Its low price was $6.57 and highest price was $6.63. The EPS is -0.39.
Ericsson (ERIC) is rolling out availability of AT&T FlexWareSM across its global corporate network. Locations include the U.S., Latin America, Middle East, and Europe. Virtualizing its network services with AT&T FlexWare lets Ericsson adapt its network to changing business needs in near real-time, while lowering its total cost of network ownership.
With its modular nature, AT&T FlexWare is quick to set up. This means Ericsson can roll out AT&T FlexWare to many global sites quicker than the traditional appliances built for a single purpose.
“We are building a modernized network for global connectivity to be able to support the Digital Transformation within Ericsson,” said Johan Torstensson, chief information officer and head of IT, Ericsson. “AT&T* has been chosen as one of our network connectivity providers connecting Ericsson offices across the U.S., Latin America, the Middle East and Europe.”
Shares of 21Vianet Group Inc (NASDAQ:VNET) increased 10.64% and closed at $5.51 after opening 5.17 with the overall traded volume of 1,317,742 shares. The company’s Market capitalization reached to $690.78 million, $505.21 million outstanding shares. Its low price was $5.07 and highest price was $5.59. The EPS is -0.89.
21Vianet Group Inc (VNET) declared that it has partnered with Microsoft and Tencent to launch Microsoft Office Online.
In partnering with Tencent and Microsoft to offer Tencent Cloud users improved convenience of a mobile office anytime, anywhere in addition to Microsoft office partnershipamong multiple enterprise users, 21Vianet will provide improved services, counting operational and maintenance solutions enabling cross-platform technical support. This will facilitate streamlined use of Microsoft Office Online for Tencent Weiyun users by eliminating technical difficulties such as account sharing, authentication and storage barriers, thus significantly enhancing working efficiency.
The cloud-based document process will require no pre-installation and will facilitate both individual and enterprise Tencent Cloud users to collaborate on and directly edit Word, Excel and PowerPoint documents from multiple devices via Tencent Weiyun. All changes will be automatically saved onto the cloud storage platform. It also simplifies cloud-based document processing procedures by eliminating the cumbersome steps, such as downloading, saving and uploading.
Mr. Steve Zhang, CEO of 21Vianet, stated, “We are excited to deepen the partnership with Microsoft and Tencent into their cloud-based services. Combining Tencent Cloud’s large user base, the industry-standard features of Microsoft Office Online and our strong expertise in operational and maintenance technology and solutions, we believe our partnership will build a solid foundation for accelerated growth going forward.”
Shares of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) increased 1.54% and closed at $6.59 after opening 6.59 with the overall traded volume of 3.14 million shares. The company’s Market capitalization reached to $22.25 billion, $3.01 billion outstanding shares. Its low price was $6.57 and highest price was $6.63. The EPS is -0.39.
Ericsson (ERIC) is rolling out availability of AT&T FlexWareSM across its global corporate network. Locations include the U.S., Latin America, Middle East, and Europe. Virtualizing its network services with AT&T FlexWare lets Ericsson adapt its network to changing business needs in near real-time, while lowering its total cost of network ownership.
With its modular nature, AT&T FlexWare is quick to set up. This means Ericsson can roll out AT&T FlexWare to many global sites quicker than the traditional appliances built for a single purpose.
“We are building a modernized network for global connectivity to be able to support the Digital Transformation within Ericsson,” said Johan Torstensson, chief information officer and head of IT, Ericsson. “AT&T* has been chosen as one of our network connectivity providers connecting Ericsson offices across the U.S., Latin America, the Middle East and Europe.”
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